Par Pacific Holdings Inc (NYSE:PARR) shares, rose in value on Thursday, March 27, with the stock price up by 4.01% to the previous day’s close as strong demand from buyers drove the stock to $14.80.
Actively observing the price movement in the last trading, the stock closed the session at $14.23, falling within a range of $14.305 and $15.225. The value of beta (5-year monthly) was 2.012. Referring to stock’s 52-week performance, its high was $40.20, and the low was $11.86. On the whole, PARR has fluctuated by 6.17% over the past month.
With the market capitalization of Par Pacific Holdings Inc currently standing at about $804.39 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-24.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 6.32B, with a low estimate of 1.42B and a high estimate of 1.5B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.47B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PARR’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of PARR currently trading nearly 7.88% and -4.53% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.43, while the 7-day volatility ratio is showing 4.94% which for the 30-day chart, stands at 5.82%. Furthermore, Par Pacific Holdings Inc (PARR)’s beta value is 1.67, and its average true range (ATR) is 0.81.
A comparison of Par Pacific Holdings Inc (PARR) with its peers suggests the former has fared considerably weaker in the market. PARR showed an intraday change of 4.01% in last session, and over the past year, it shrunk by -61.38%%.
Data on historical trading for Par Pacific Holdings Inc (NYSE:PARR) indicates that the trading volumes over the past 10 days have averaged 1.65 and over the past 3 months, they’ve averaged 1.28 million. According to company’s latest data on outstanding shares, there are 55.27 million shares outstanding.
Nearly 5.15% of Par Pacific Holdings Inc’s shares belong to company insiders and institutional investors own 95.74% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 6.21 million shares as on 2025-03-14, resulting in a short ratio of 3.52. According to the data, the short interest in Par Pacific Holdings Inc (PARR) stood at 1432.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 3.6 million. The stock has fallen by -9.70% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PARR stock heading into the next quarter.
